IMF resolution for Senegal delayed until June due to audit
The IMF is now scrutinizing the findings before deciding on the next steps for the program.
IMF resolution for Senegal delayed until June due to audit Read More »
IMF
Egypt seeks IMF support amidst global economic challenges
The IMF’s review of Egypt’s loan program will examine the country’s economic performance, fiscal sustainability, and efforts to reduce reliance on fossil fuels.
Egypt seeks IMF support amidst global economic challenges Read More »
Egypt’s NFA slump continues in August
Egypt’s net foreign assets decreased significantly in August, raising concerns about the country’s economic stability.
Egypt’s NFA slump continues in August Read More »
Nigeria aims for $1B in monthly remittances, eyes US diaspora bond
Nigeria’s foreign reserves have now surpassed $40 billion, and the cheaper naira could catalyze efforts to diversify away from oil
Nigeria aims for $1B in monthly remittances, eyes US diaspora bond Read More »
Sudan war threatens neighbors’ economic stability — IMF
The IMF has expressed concerns about the economic impact of the Sudan conflict on neighboring countries, highlighting the potential for increased poverty, food insecurity, and social unrest.
Sudan war threatens neighbors’ economic stability — IMF Read More »
Sub-Saharan Africa’s growth stunted by commodity dependence
IMF urges Sub-Saharan African countries to diversify their economies and implement reforms to overcome sluggish growth and address the impact of global economic shifts.
Sub-Saharan Africa’s growth stunted by commodity dependence Read More »
IMF approves $341M payment in Ethiopia’s loan program review
The International Monetary Fund (IMF) has completed its first review of Ethiopia’s $3.4 billion lending program, approving a $340.7 million disbursement, the IMF announced on Friday. This marks a significant step in Ethiopia’s economic reform efforts under the four-year program secured in July. The financing arrangement follows key reforms by Ethiopia, including the floating of
IMF approves $341M payment in Ethiopia’s loan program review Read More »
Another fuel price hike in Egypt: Impact on living costs
The Egyptian government has implemented another fuel price hike, which is expected to have a significant impact on the cost of goods and services.
Another fuel price hike in Egypt: Impact on living costs Read More »
Kenya in talks with UAE for $1.5B loan, amid IMF concerns
The East African nation is exploring alternative financing sources after domestic unrest led to the suspension of tax hikes and delays in disbursements from the IMF
Kenya in talks with UAE for $1.5B loan, amid IMF concerns Read More »
IMF: Global debt to top $100 trillion
The IMF is calling for more aggressive fiscal tightening to stabilize debt levels
IMF: Global debt to top $100 trillion Read More »